--- title: "255 Covert Street #TWNHSE, New York City, NY 11207" description: "255 Covert Street #TWNHSE, New York City, NY 11207 — Townhouse in Bushwick, Brooklyn, NY. Listing Price $1,325,000. 9 bed, 3 bath, 2,844 sqft Illustrative Buyer Commission Share of $19,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11207/255-covert-street-twnhse-TWNHSE-ny-11207" source: "Real Estate Rebate Team" status: "Active" --- # 255 Covert Street #TWNHSE, New York City, NY 11207 Townhouse in Bushwick, Brooklyn, NY **New Development** Courtesy of Compass ## At a Glance - **Listing Price**: $1,325,000 - **Beds**: 9 - **Baths**: 3 - **Sqft**: 2,844 - **Monthly Taxes**: $265 / mo - **Price per Sqft**: $466 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,325,000 - **Illustrative Buyer Commission Share**: -$19,875* - **Illustrative Net Cost**: $1,305,125 *Illustrative Buyer Savings of $19,875 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1389e11e-6b07-4bea-a2ad-a4017158a2de.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92ff90b3-d70d-4e90-8799-71a355bfd4ba.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/99f6aa9b-e5ab-44e2-a888-9ecd15dd64c6.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d4995fe8-9960-4fc5-9559-e3ee0f9c52f3.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b593e39-9474-49df-86da-7f7735a380ef.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b3f5ac7-4eb3-455b-b89c-b00b0d76197e.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa23d0c5-bc33-47ed-a5d7-a3beacfb2c31.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/89f54ba3-2416-4676-a119-4be2643edf77.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18c25d01-7132-4d77-b337-7b3b681525b6.jpg) ![255 Covert Street #TWNHSE, New York City, NY 11207 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f3505d26-cda9-4058-ad75-4a27f6971eb2.jpg) ## Property Overview 255 Covert Street is an AS-IS SALE and presents a compelling opportunity to invest in a versatile, income-producing townhouse in the heart of Brooklyn. Configured as a multi-level property with approximately 2,500+ square feet across the garden, first, and second floors, the layout lends itself seamlessly to both end-user living with rental income or full investor optimization. The home also features an unfinished cellar level, offering additional square footage with significant potential to be built out for storage, recreational use, or further value-add improvements. The property is currently arranged with a garden-level unit featuring a spacious living room, kitchen, full bath, and two bedrooms—ideal as a rental or guest suite. Above, the parlor and second floors function as a duplex with a classic layout: a generous living room at the front, a separate dining area, and a full kitchen at the rear on the first level, with direct access to multiple bedrooms. Upstairs, you’ll find an additional three-bedroom configuration with another full bath and flexible room sizes, allowing for strong rental potential or reconfiguration into higher-yield layouts. The clear separation of spaces, multiple kitchens, and ample bedroom count make this an attractive setup for investors seeking steady cash flow or value-add potential. Positioned on a quiet residential block in Bushwick, the home is surrounded by one of Brooklyn’s most dynamic and rapidly evolving neighborhoods. Just moments away, you’ll find local favorites like Roberta’s, known for its nationally acclaimed pizza, and Ops, a neighborhood staple for wood-fired dining. Coffee lovers will appreciate nearby spots such as Sey Coffee, while nightlife and entertainment options abound with venues like House of Yes and Elsewhere. For outdoor space, residents can enjoy Irving Square Park and Maria Hernandez Park, both offering green space, recreation, and community events. Transportation is convenient with access to the L train at Halsey Street Station and the J/Z trains at Chauncey Street Station, providing a straightforward commute into Manhattan. Whether you’re looking to renovate and maximize rental income, create a live-plus-income residence, or hold as a long-term investment in a high-growth neighborhood, 255 Covert Street offers the scale, flexibility, and location to deliver strong upside potential. ## Property Details - **Property Type**: Duplex - **Beds**: 9 - **Baths**: 3 - **Rooms**: 13 - **Sqft**: 2,844 sqft - **Stories**: 3 - **Year Built**: 1910 - **Price per Sqft**: $466 - **Monthly Taxes**: $265 / mo - **Listed On**: Jun 1, 2026 - **Days on Market**: 103 Days ### Residence Features - See Remarks - Hardwood - Full ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Sales Evidence ### Recent closed sales One apartment at 255 Covert Street has a recorded sale since September 2021, the most recent for $1,860,000 in December 2021. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | Entire property (Single Family Residence) | 5 | 2,700 | $1,860,000 | $689/ft² | December 28, 2021 | MLS | Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 255 Covert Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/255-covert-street) ## Property Tax History Taxes at 255 Covert Street #TWNHSE were $3,229 in 2026, up 0.2% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $121,980 | $11,520 | $110,460 | $16,076 | $3,229 | 20.085% (estimated) | | 2025 (FY 2025/26) | $93,300 | $11,520 | $81,780 | $16,050 | $3,224 | 20.085% (estimated) | | 2024 (FY 2024/25) | $84,660 | $11,520 | $73,140 | $15,906 | $3,195 | 20.085% | | 2023 (FY 2023/24) | $87,540 | $11,520 | $76,020 | $15,008 | $3,014 | 20.085% | | 2022 (FY 2022/23) | $71,640 | $11,520 | $60,120 | $14,186 | $2,881 | 20.309% | | 2021 (FY 2021/22) | $78,600 | $11,520 | $67,080 | $13,397 | $2,674 | 19.963% | | 2020 (FY 2020/21) | $65,700 | $11,520 | $54,180 | $13,375 | $2,815 | 21.045% | | 2019 (FY 2019/20) | $72,660 | $11,520 | $61,140 | $13,255 | $2,806 | 21.167% | | 2018 (FY 2018/19) | $12,507 | — | — | $12,507 | $2,616 | 20.919% | | 2017 (FY 2017/18) | $11,822 | — | — | $11,822 | $2,410 | 20.385% | | 2016 (FY 2016/17) | $11,164 | — | — | $11,164 | $2,232 | 19.991% | | 2015 (FY 2015/16) | $11,146 | — | — | $11,146 | $2,179 | 19.554% | | 2014 (FY 2014/15) | $11,046 | — | — | $11,046 | $2,116 | 19.157% | | 2013 (FY 2013/14) | $10,423 | — | — | $10,423 | $2,000 | 19.191% | | 2012 (FY 2012/13) | $9,852 | — | — | $9,852 | $1,829 | 18.569% | | 2011 (FY 2011/12) | $9,304 | — | — | $9,304 | $1,694 | 18.205% | | 2010 (FY 2010/11) | $9,289 | — | — | $9,289 | $1,613 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3034180043. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 255 Covert Street 255 Covert Street, Brooklyn, NY 11207 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/255-covert-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [TWNHSE](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11207/255-covert-street-twnhse-TWNHSE-ny-11207) | 9 | 3 | 2,844 sqft | $466 | $1,325,000 | Compass | Jun 1, 2026 | 102 days | ## Estimated Monthly Payment **$6,965 / month**, assuming a 20% down payment ($265,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,700 - **Property Taxes**: $265 Estimates only. Actual payments may vary. Confirm terms with your lender. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## Bushwick Overview of Bushwick [Explore Bushwick](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Bushwick - [Ridgewood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ridgewood) - [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale) - [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills) ## Related Links - [255 Covert Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/255-covert-street) - [Bushwick neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.